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Power Grid Investment Set to Reach $54B in 2027 in the EU

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Spending on power infrastructure spanning EU member states and Norway is on track to hit roughly $54 billion by 2027. Eurelectric, the industry group behind the Power Barometer 2026 study, pegged the starting point at about $27 billion in 2021, with spending climbing to $41 billion by 2024, with investment now compounding at close to 12.5% a year as utilities build out capacity for electrification and renewable integration.

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